Recently, Shanghai Raypai Photonic Crystal Ltd, a provider of consumer-grade AR
optical waveguide modules, completed its B+ round of funding. The investors in this
round include Kunshan Development Zone State-Owned Investment Holding Group.
In2024, Raypai Photonic Crystal successfully raised over 100 million CNY across it’s
B and B+ rounds. The funds will be used to build a new production line for consumer-
grade AR optical waveguide modules, ensuring efficient delivery of increasing AR
consumer orders. Additionally, the funding will support the development of new
products for AR optical waveguide devices and help expand the domestic and
international consumer-grade AR markets.
Raypai Photonic Crystal CEO Li Wei said: "With more than 15 years of technical
expertise and industry experience in AR display and optical waveguide technologies,
our company possesses industry-leading proprietary technology and extensive mass
production experience in AR geometric optical waveguides and display devices."
With its own comprehensive advantages, Raypai Photonic Crystal's core products
have entered the consumer-end products of industry giants and leading
manufacturers
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